The Federal Reserve Bank of Dallas established the Globalization Institute in 2007 for the purpose of better understanding how the process of deepening economic integration between the countries of the world, or globalization, alters the environment in which U.S. monetary policy decisions are made.

Keith R. Phillips

Keith Phillips joined the Federal Reserve Bank of Dallas in January 1984. His areas of concentration include regional economics and economic forecasting. Research Papers in Economics, which tracks publications in economics, ranks Phillips in the top five percent of economists across the world in terms of the number of distinct publications. Over the past sixteen years he has been the most accurate forecaster for Texas job growth in the Western Blue Chip Economic Forecast.

In August 1996, Phillips was transferred to the San Antonio Branch in an effort to improve the regional economic coverage of the Dallas office and to better serve the needs of the South Texas community. He teaches courses in managerial economics and quantitative analysis in the executive MBA program at UTSA. He obtained his PhD in economics from Southern Methodist University and holds a BA and MA in economics and a bachelor of journalism degree in news/editorial from the University of Missouri at Columbia.

“A Note on Spurious Seasonal Patterns and Other Distortions in the BLS Local Area Unemployment Statistics,” with Jianguo Wang, Journal of Economic and Social Measurement, Volume 39, issue 3, pp. 145–52, 2014.

"A Closer Look at Potential Distortions in State RGDP: The Case of the Texas Energy Sector" with Raul Hernandez and Benjamin Scheiner, Journal of Economic and Social Measurement, Volume 39, issue 1-2, pp. 105-19, September 2014.

"The Texas
Index of Leading Economic Indicators: A Revision and
Further Evaluation," Federal Reserve Bank
of Dallas Economic Review, July 1990.

"Successes, Failures, and Issues in Developing
Indicators of State and Local Business Conditions," Readings in Business and Economic Research,
proceedings of the 43rd Conference of the Association
for University Business and Economic Research, January
1990.

"Diversifying Texas: Recent History and Prospects,"
with William C. Gruben, Federal Reserve Bank of Dallas Economic Review, July 1989.